Skill Heterogeneity and Aggregation Bias Over the Business Cycle /

This paper extends the equilibrium business cycle framework to incorporate ex ante skill heterogeneity among workers. Consistent with the empirical evidence, skilled and unskilled workers in the model face the same degree of cyclical variation in real wages although unskilled workers are subject to...

詳細記述

書誌詳細
第一著者: Prasad, Eswar
フォーマット: 雑誌
言語:English
出版事項: Washington, D.C. : International Monetary Fund, 1995.
シリーズ:IMF Working Papers; Working Paper ; No. 1995/122
オンライン・アクセス:Full text available on IMF